LUSA 08/16/2025

Lusa - Business News - Portugal: PM to launch new Algarve hospital tender by October

Loulé, Portugal, Aug. 15, 2025 (Lusa) - Prime Minister Luís Montenegro announced on Thursday that construction of the Algarve Central Hospital will begin by early October for €800 million.

At the traditional Festa do Pontal, on the Quarteira promenade in Loulé, which marks the PSD’s political comeback, Luís Montenegro said that the work, which will be carried out under a public-private partnership, should begin in early 2027 and be completed in 2030.

“By early October at the latest, we will launch the international tender for the construction of the Algarve Central Hospital under a public-private partnership,” said Montenegro.

For the Social Democrat leader, this procedure will allow “with all the subsequent steps, for the start of construction to correspond, more or less, to the beginning of 2027 and for the hospital to become operational in 2030”.

“We are talking about an investment of €800 million,” he said.

Luís Montenegro also announced that water efficiency in the Algarve remains a concern for the government and said that it had “already secured” funding for the construction of the Alportel and Foupana dams.

According to the prime minister, this is the largest investment ever made in the Algarve region, “part of a strategy” that the government has for the entire country to manage water, a resource that “exists in sufficient quantities” in Portugal.

“We have water, and we are improving our capacity to manage and store it,” he pointed out.

According to Montenegro, the government is ensuring that by 2050, the “largest investment ever will be made to ensure everyone has water, whether for domestic supply or all economic activities, particularly agriculture”.

Luís Montenegro also said that the Algarve, a region that previous governments overlooked, will also receive investment to stimulate economic activity in the region.

According to Montenegro, the government has already secured the MotoGP motorcycle racing grand prix for 2025 and 2026 and that “everything is ready to formalise the return of Formula 1 motor racing to the Algarve in 2027”.

“These events involve some financial effort on the part of the government, and they deliver a direct and indirect return in terms of promotion that is, quite frankly, well worth it,” he concluded.

JPC/ADB // ADB.

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